Bajaj Holdings Faces Continued Decline Amid Broader Market Weakness

Bajaj Holdings & Investment, a key player in the finance and non-banking financial company (NBFC) sector, experienced a decline of 3.13% on January 13, 2025, underperforming the sector by 1.67%. This marks a continuation of a downward trend, with the stock recording a total decline of 6.1% over the past three days. On this trading day, Bajaj Holdings reached an intraday low of Rs 10,481.3, reflecting a decrease of 3.43%. An analysis of moving averages reveals that the stock is currently positioned above its 200-day moving average but below the 5-day, 20-day, 50-day, and 100-day moving averages. In the context of broader market performance, Bajaj Holdings' one-day decline contrasts with the Sensex, which fell by 0.73%. Over the past month, the stock has decreased by 5.34%, while the Sensex experienced a slightly larger decline of 6.48%.